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KSA

KSA, Iran agreement great achievement of China: Mian Zahid

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum,...

Published 23 Mar, 2023 05:47am

Opinion

The MbS reset

The Arab press hasn’t buzzed like this since al Qaeda (AQ) hijacked the so-called Arab Spring in Libya and Syria,...

Published 16 Mar, 2023 06:01am

Editorials

Saudi Arabia-Iran rapprochement

EDITORIAL: This past Friday was a day of crucial developments both for China and the powers that matter most for...

Published 14 Mar, 2023 03:18am

Pakistan

Saudi prince formally launches $100mn tech house in Pakistan

Saudi Arabia’s Prince Fahad bin Mansour Alsaud formally launched the $100-million Saudi-Pakistan Tech House (SPTH)...

Published 08 Mar, 2023 01:10pm

KSA warns sanctions, under-investment may cause energy shortages

DUBAI: Saudi Energy Minister Prince Abdulaziz bin Salman warned on Saturday that sanctions and underinvestment in ...

Updated 06 Feb, 2023 11:45am

Opinion

Is investor’s fright an investment’s flight?

Pakistan is nestled in the southern part of Asia, sitting precariously between Afghanistan, India, Iran, and below...

Published 03 Feb, 2023 06:17am

Saudi Arabia links oil refinery’s setup with political consensus

Saudi Minister of Investment had suggested that in order to develop across the board political consensus and ownership of the oil refinery project the matter may also be tabled before the Parliament

Updated 03 Feb, 2023 09:20am

Pakistan

Pakistan, KSA ink agreement on Hajj arrangements

ISLAMABAD: Saudi Minister of Hajj and Umrah Dr Tawfiq bin Fawzan Al-Rabiah welcomed the Pakistani delegation led by...

Published 16 Jan, 2023 06:18am

PM Shehbaz praises KSA, UAE for highly valuable support

Premier says Sustainable Development Goals (SDGs) could be achieved if the country moves at a fast pace in the right direction

Updated 15 Jan, 2023 09:57am

Editorials

Foreign inflows

EDITORIAL: State news agency of Kingdom of Saudi Arabia (KSA) has reported that the KSA government could increase ...

Published 12 Jan, 2023 05:51am

Business & Finance

KSA, Pakistan likely to ink over $1bn agreement in oil sector

ISLAMABAD: Pakistan and Kingdom of Saudi Arabia (KSA) are likely to ink an agreement of over US one billion dollars...

Published 12 Jan, 2023 05:51am

KSA says could boost investments to $10bn

DUBAI: The Kingdom of Saudi Arabia (KSA) said it could increase its investments in the cash-strapped Pakistan...

Updated 11 Jan, 2023 08:57am

Pakistan

MBS directs to study augmenting Saudi Arabia’s investments in Pakistan to reach $10bn: SPA

Saudi Development Fund (SDF) also directed to study increasing amount of the deposit in favour of the SBP to hit $5bn ceiling

Updated 10 Jan, 2023 04:20pm

Pakistan

COAS, MBS agree to bolster defence cooperation

ISLAMABAD Chief of Army Staff (COAS) General Asim Munir met Saudi Crown Prince and Prime Minister Mohammad bin...

Updated 10 Jan, 2023 08:53am

Opinion

Geo-dynamics – 2023

At the start of 2023, the catch words are flux, realignment, reset, new world order, pivot, tilt. I am no...

Updated 30 Dec, 2022 06:40am

Govt expects multibillion-dollar support from KSA

ISLAMABAD: Finance Minister Ishaq Dar said on Monday that total payable till June on account of external account is...

Updated 13 Dec, 2022 09:37am

KSA extends term for $3bn deposit in SBP

KARACHI: Kingdom of Saudi Arabia (KSA) has extended term for a $3 billion deposit in the State Bank of Pakistan to...

Published 03 Dec, 2022 06:30am

Business & Finance

Saudi Arabia extends term of $3bn deposit: SBP

SBP says extension is continuation of support provided by Saudi Arabia to Pakistan

Updated 02 Dec, 2022 08:46pm

Saudi unveils plan for massive new airport in capital

RIYADH: Saudi Arabia on Monday announced plans for a new airport in Riyadh intended to spur rapid growth in the...

Updated 29 Nov, 2022 09:38am

Opinion

The changing face of Riyadh

“Saudi Arabia’s Vision for the future - it is an ambitious yet achievable blueprint, which expresses our...

Published 27 Nov, 2022 05:58am

Pakistan

Bilawal to embark on two-day visit to KSA

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari will embark on a two-day visit to Saudi Arabia today, diplomatic...

Published 09 Nov, 2022 03:41am

Pakistan, KSA agree to increase cooperation in energy, other sectors

ISLAMABAD: Pakistan and Saudi Arabia are said to have agreed to activate the agreement on financing and providing...

Updated 29 Oct, 2022 09:43am

KSA willing to set up $10bn oil refinery: PM

Says Saudi Crown Prince Muhammad bin Salman said that he was ready to do anything for Pakistan

Updated 29 Oct, 2022 10:01am

Pakistan

'Pakistan is open for business': PM Shehbaz makes investment pitch in Riyadh

Highlights country's potential and invites investors to explore opportunities in clean energy

Updated 25 Oct, 2022 09:13pm

Opinion

Pakistan’s beleaguered economy: KSA seems a reasonable solution

Pakistan offers a world of opportunities due to its geostrategic location, agricultural potential, and wealth of...

Published 25 Oct, 2022 05:51am

PM likely to leave for Kingdom of Saudi Arabia today

ISLAMABAD: Prime Minister Shehbaz Sharif is likely to leave for Saudi Arabia today (Monday) on an official visit...

Updated 24 Oct, 2022 09:42am

Business & Finance

Sustainable efforts urged for growth of economy

KARACHI: Business leaders stressed on the collaborative and sustainable efforts for economic growth at the inaugural...

Published 23 Oct, 2022 03:21am

Pakistan

Pakistan expresses solidarity with KSA

ISLAMABAD: Pakistan on Tuesday expressed solidarity with the Kingdom of Saudi Arabia following the United States...

Updated 19 Oct, 2022 09:51am

COAS urges KSA, UAE to help ensure release of IMF loan

Earlier, Bajwa had contacted US Deputy Secretary of State Wendy Sherman

Updated 06 Aug, 2022 09:35am

Markets

Remittances: Pakistan receives record inflow of $31.2bn in FY22

Amount 6.1% higher year-on-year
Inflow during June 2022 alone clocks in at $2.761bn, 18.4% higher month-on-month

Updated 18 Jul, 2022 03:41pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	284.05
USD PKR Interbank Buying / Mar 30	283.80
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

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